M/S.Bbcl Shrishti Homes LLP v. D.K.Bhagavathi Nath
BANK GUARANTEE – Renewal of conditional order – Claim-validity expiring 28.05.2025
Case brief
What is this about?
Madras High Court order dated 24.02.2025 on mention in C.M.P.No.12921 of 2023 in C.M.P.No.11442 of 2023 in C.M.P.No.10475 of 2023 in C.R.P.No.1603 of 2023, connected with C.M.S.A.No.26 of 2022, C.R.P.No.3734 of 2022 and C.M.P.No.6379 & 19691 of 2022; M/s.BBCL Shrishti Homes LLP v. D.Bhagavathi Nath, B.Rajalakshmi, T.S.Manohar and District Collector, Kanchipuram; renewal and re-submission of Bank Guarantee to the Tribunal after claim-validity expiry on 28.05.2025; Bank Guarantee described as conditional order requiring renewal; clarification of earlier Court order dated 18.02.2025; Tribunal authorised to pass necessary orders as and when required; Bench: R. Suresh Kumar J. (author) and Dr. A.D. Maria Clete J.
What did the court decide?
Clarification issued permitting the petitioner to renew and re-submit the Bank Guarantee to the Tribunal after 28.05.2025 if the litigation prolongs; the Tribunal may pass necessary orders to that effect as and when required; this Court's order dated 18.02.2025 stands clarified.